£1,171,900
This estimated value is based upon the latest sale price for the house of £950,000 on 17 Dec 2018. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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2 Station Road, Harpenden, AL5 4SD
Phone: 01582955653
| Price Paid | Date |
|---|---|
| £950,000 | 17 Dec 2018 |
| £525,000 | 16 Dec 2009 |
| Detached |
| Freehold |
| Floor Area: 66 sq meters or 713 sq feet |
This model uses changes in the Official Land Registry House Price Index for HERTFORDSHIRE to estimate the market value.
When this house was purchased in December 2018 the House Price Index for HERTFORDSHIRE was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £950,000 results in an estimated price of approximately £1,171,900.
| 17 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £950,000 | £221,900 | £1,171,900 |
The Postcode Pricing Model uses changes in average sales price within the AL5 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 37.741 % | £358,543 | £1,308,543 |
| 3 Month Average | 16.455 % | £156,325 | £1,106,325 |
| 6 Month Average | 9.424 % | £89,532 | £1,039,532 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £370,991 | £364,500 | 19 GILPIN GREEN |
| 6 Jun 2023 | £951,526 | £940,000 | 43 COWPER ROAD |
| 24 Feb 2023 | £1,698,857 | £1,700,000 | 12 GILPIN GREEN |
| 30 Jan 2023 | £363,289 | £365,000 | 11 GILPIN GREEN |
| 12 Aug 2022 | £962,908 | £965,500 | 49 COWPER ROAD |
This house has a floor area of 66 sq meters or 713 sq feet when measured on 12 Sep 2009. Using an estimated price of £1,171,900 means this house is valued at £17,678 per sq meter (£1,642 per sq foot).
The average size of a house on COWPER ROAD is 112 sq meters (1,215 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Aldington Place |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Gilpin Green |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Overstone Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Overstone Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Spenser Road |